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20130117
20130125
Search Results 0 to 1 of about 2 (some duplicates have been removed)
floor today, speaker john boehner called the republican bill, "pretty simple." >> it says there should be no long term increase in the debt limit until there's a long term plan to deal with the fiscal crisis that faces our country. >> ifill: today, the house opted for short term, temporarily lifting the debt ceiling until may 19, then resetting the cap to cover any borrowing over the current limit-- $16.4 trillion. and for now, republicans will not force immediate spending cuts. the party's new strategy would achieve that goal by forcing congress to pass a budget. house budget committee chair-- and last year's vice presidential nominee-- paul ryan. >> here's the point, we have a law, it's called the budget act, it requires that congress passes a budget by april 15. all we're saying is, "congress, follow the law, do your work, budget. and the reason for this extension is so we can have the debate we need to have." >> ifill: as added incentive, the house bill says, if there is no budget, then lawmakers won't get paid. after it passed today by a bipartisan vote of 285 to 144, speaker boeh
Search Results 0 to 1 of about 2 (some duplicates have been removed)